Lorenzini Apparels IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 4.47 Cr. The company is based in New Delhi and caters to Textiles sector. Fedex Securities is the merchant banker of Lorenzini Apparels IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th October 2017.
Lorenzini Apparels IPO open date is 31st January 2018 and close date is 6th February 2018. IPO Allotment Date is 9th February 2018 and Listing date is 15th February 2018.Lorenzini Apparels IPO size is ₹ 4.47 Cr. with IPO price of ₹ 10.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fedex Securities Private Limited is the book-running lead manager of the Lorenzini Apparels IPO. NSDL Database Management Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Lorenzini Apparels IPO.
Lorenzini Apparels IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Lorenzini Apparels IPO, based in New Delhi, operates in the Textiles sector with a focus on designing and marketing of readymade garments. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Lorenzini Apparels IPO size is ₹ 4.47 Cr. with fresh issue size of ₹ 4.47 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Lorenzini Apparels IPO is expected to be 9th February 2018, after the finalization of basis of allotment. Investors can check Lorenzini Apparels IPO allotment status on the registrars website, NSDL Database Management Limited . Lorenzini Apparels IPO refund dates are 12th February 2018.
Lorenzini Apparels IPO is expected to be listed on 15th February 2018.
The upper price band for the Lorenzini Apparels IPO is set at ₹ 10.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Lorenzini Apparels IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Lorenzini Apparels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th February 2018. After submission, funds are blocked until the basis of allotment of Lorenzini Apparels IPO is finalised.
The merchant banker for Lorenzini Apparels IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Lorenzini Apparels IPO RHP for further details.
The registrar for Lorenzini Apparels IPO is NSDL Database Management Limited . Investors can go to NSDL Database Management Limited registrar website for IPO allotment status, refund processing, and other queries related to Lorenzini Apparels IPO through their official website or helpline.
Lorenzini Apparels IPO was subscribed 1.71 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Lorenzini Apparels IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Lorenzini Apparels Financial Review Page
Merchant Banker(s) of Lorenzini Apparels IPO: Fedex Securities Private Limited
Lorenzini Apparels IPO subscription was 1.71 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Lorenzini Apparels IPO listed at a listing price of 9.25 against the offer price of 10.00.
The current market price of Lorenzini Apparels is 12.33.
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